Bernzott Capital Advisors Takes Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Bernzott Capital Advisors acquired a new stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 284,415 shares of the semiconductor company's stock, valued at approximately $5,378,000. Vishay Intertechnology comprises approximately 2.3% of Bernzott Capital Advisors' holdings, making the stock its 28th biggest position. Bernzott Capital Advisors owned approximately 0.21% of Vishay Intertechnology at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Matrix Trust Co bought a new position in shares of Vishay Intertechnology during the third quarter valued at approximately $25,000. Massmutual Trust Co. FSB ADV grew its holdings in shares of Vishay Intertechnology by 173.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company's stock valued at $30,000 after purchasing an additional 868 shares during the last quarter. Bell Investment Advisors Inc grew its holdings in shares of Vishay Intertechnology by 122.5% during the first quarter. Bell Investment Advisors Inc now owns 1,424 shares of the semiconductor company's stock valued at $32,000 after purchasing an additional 784 shares during the last quarter. Headlands Technologies LLC grew its holdings in shares of Vishay Intertechnology by 95.7% during the first quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company's stock valued at $36,000 after purchasing an additional 774 shares during the last quarter. Finally, EntryPoint Capital LLC grew its holdings in shares of Vishay Intertechnology by 1,366.2% during the first quarter. EntryPoint Capital LLC now owns 1,950 shares of the semiconductor company's stock valued at $44,000 after purchasing an additional 1,817 shares during the last quarter. 93.66% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, TD Cowen decreased their price objective on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating for the company in a report on Thursday, August 8th.

Vishay Intertechnology Stock Performance

VSH stock traded up $0.10 on Tuesday, reaching $18.02. The company's stock had a trading volume of 1,058,106 shares, compared to its average volume of 1,210,154. Vishay Intertechnology, Inc. has a 52 week low of $17.42 and a 52 week high of $24.72. The company has a market capitalization of $2.46 billion, a P/E ratio of 14.65 and a beta of 1.09. The firm has a fifty day moving average of $18.58 and a two-hundred day moving average of $21.15. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.98 and a quick ratio of 1.98.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The firm had revenue of $741.20 million during the quarter, compared to the consensus estimate of $754.71 million. Vishay Intertechnology had a return on equity of 8.72% and a net margin of 5.48%. The firm's revenue for the quarter was down 16.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 earnings per share. As a group, analysts predict that Vishay Intertechnology, Inc. will post 0.72 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Tuesday, September 10th were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, September 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.22%. Vishay Intertechnology's dividend payout ratio (DPR) is presently 32.52%.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.